GI Partners Secures Major Data Center Lease with DataBank in Ashburn, Virginia

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GI Partners Secures Major Data Center Lease with DataBank in Ashburn, Virginia GI Partners Signs Major Lease with DataBank for New Data Center

GI Partners Signs Major Lease with DataBank for New Data Center in Ashburn

In a move that’s sending ripples through the data center industry, GI Partners, a heavyweight in the world of private alternatives investment, has signed a jaw-dropping lease with DataBank for a new data center in picturesque Ashburn, Virginia. Seriously, if data centers were trophies, this would be one hefty prize! Construction of this ambitious project is already underway on GI Partners' existing campus on Red Rum Drive, with plans for delivery set for Q2 2025, which means there's plenty of time for all those just one more cup of coffee construction meetings.

Campus Details: Size Matters!

For those who like bragging rights, here’s a fun fact: GI Partners doesn’t just dabble in data centers; they own two existing buildings on the same campus, both currently leased to DataBank. They’re adding a new, two-story facility to the mix, making the campus look less like a one-horse show and more like a bustling data center complex! And if you're wondering about power, they’re not skimping—an additional 29 MW of power capacity is being added to ensure that the lights stay on, even when all the servers are pulling an all-nighter.

Why Ashburn, you ask? Well, Northern Virginia is not just another pretty place—it's the lar--gest data center market in the entire nation! GI Partners has been around the data center block a few times and is no stranger to the Northern Virginia scene. With six total data center assets of over 1 million square feet under their belt in the region, they clearly know how to play in the big leagues. Each one adds a special touch to their portfolio, proving they are serious when it comes to value creation.

GI Partners: The Value Creators!

The latest project is just one more feather in GI Partners' cap of extensive value creation capabilities in the expanding world of data centers. Managing Director Tony Lin couldn't be more excited—he really knows how to sell an idea! He emphasized the firm's knack for adding value and reiterated the importance of the Northern Virginia market. “Besides, who wouldn’t want to hang out in a place with that much data? It’s basically a techie’s paradise!” he might as well have said.

In summary, GI Partners has locked in a significant lease with DataBank that isn't just about bricks and mortar—it's about creating a powerhouse of data management capabilities. The new facility will not only enhance their existing footprint but also bolster the tech infrastructure that keeps our modern world running smoothly. So, while some might be worried about a possible data apocalypse, this new addition to the Ashburn landscape might just be the silver lining we all need.

Overall, with this exciting venture, GI Partners continues to set itself apart as a leader in the data center realm. The confluence of their expertise, strategic placement in a prime market, and an unwavering commitment to value creation is a recipe for success. And let’s be honest, in a world driven by data, it doesn’t get much better than making a mark in Ashburn, Virginia!

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